Chevy Chase Trust Holdings LLC Sells 601 Shares of Booking Holdings Inc. (NASDAQ:BKNG)

Chevy Chase Trust Holdings LLC reduced its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 3.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,544 shares of the business services provider’s stock after selling 601 shares during the quarter. Chevy Chase Trust Holdings LLC owned about 0.05% of Booking worth $87,166,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Banque Pictet & Cie SA increased its holdings in shares of Booking by 1.0% during the fourth quarter. Banque Pictet & Cie SA now owns 9,126 shares of the business services provider’s stock worth $45,342,000 after purchasing an additional 90 shares during the period. V Square Quantitative Management LLC increased its holdings in shares of Booking by 9.9% during the fourth quarter. V Square Quantitative Management LLC now owns 668 shares of the business services provider’s stock worth $3,319,000 after purchasing an additional 60 shares during the period. Catalyst Financial Partners LLC increased its holdings in shares of Booking by 3.7% during the fourth quarter. Catalyst Financial Partners LLC now owns 168 shares of the business services provider’s stock worth $835,000 after purchasing an additional 6 shares during the period. Asset Management One Co. Ltd. increased its holdings in shares of Booking by 2.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 17,177 shares of the business services provider’s stock worth $86,527,000 after purchasing an additional 438 shares during the period. Finally, Avestar Capital LLC increased its holdings in shares of Booking by 17.3% during the fourth quarter. Avestar Capital LLC now owns 244 shares of the business services provider’s stock worth $1,212,000 after purchasing an additional 36 shares during the period. 92.42% of the stock is owned by institutional investors.

Booking Trading Down 0.2 %

BKNG opened at $5,008.70 on Friday. Booking Holdings Inc. has a 1-year low of $3,180.00 and a 1-year high of $5,337.24. The company has a market cap of $165.77 billion, a P/E ratio of 33.99, a price-to-earnings-growth ratio of 1.65 and a beta of 1.39. The company has a fifty day moving average price of $4,930.45 and a two-hundred day moving average price of $4,487.36.

Analysts Set New Price Targets

BKNG has been the topic of several recent research reports. Wedbush raised their target price on shares of Booking from $5,000.00 to $5,500.00 and gave the stock an “outperform” rating in a report on Monday, January 6th. Piper Sandler raised their target price on shares of Booking from $3,560.00 to $4,900.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Argus cut shares of Booking from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. Barclays lifted their price objective on shares of Booking from $4,500.00 to $5,100.00 and gave the company an “overweight” rating in a research note on Thursday, October 31st. Finally, Royal Bank of Canada lifted their price objective on shares of Booking from $3,900.00 to $5,250.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Ten investment analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $5,044.43.

Booking Profile

Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.